Property 637 NE 4th Avenue, Fort Lauderdale, FL 33304 for sale with MLS# A11922150
New Pricing, Seller is motivated! Recently appraised at $3.86M, not including furniture and improvements! Discover an exceptional investment opportunity in the heart of Downtown Fort Lauderdale. This new-construction 9-unit multifamily property (built in 2022) offers strong performance, modern finishes, and unmatched flexibility for both short-term and long-term rental strategies.Currently operated as a high-performing Airbnb with 81% occupancy, the property boasts 1,000+ five-star reviews and an impressive 4.8 host rating. The entire Airbnb business profile can be transferred to the buyer, allowing you to step into a fully automated, hassle-free operation and start collecting rental income from Day 1.Investors seeking long-term stability also have the option to convert the property to traditional rentals, achieving a 5%+ cap rate with minimal effort.Additional highlights:- 6% cap rate based on current short-term rental operations- Built in 2022 - modern, low-maintenance construction- Turnkey, all furniture, fixtures, and improvements includedWhether you're looking for reliable cash flow, ease of ownership, or prime real estate in an A+ location, this property delivers exceptional value.
637 NE 4th Avenue, Fort Lauderdale, FL 33304
- Price:
- $3,709,000.00
- Original List Price:
- $3,990,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $368.79
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 3, 2026 11:02 pm
- Other Special Conditions:
- Flood Zone, Corporate Owned
- Built-Up Area:
- 10,057 Sqft
- Lot Size Acres:
- 0.15
- Security:
- Smoke Detector(s), Fire Sprinkler System, Fire Alarm
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Electric
- Year Built:
- 2023
- Number of Buildings:
- 1
- Number of Units Total:
- 2
- Construction Materials:
- CBS
- Flooring:
- Vinyl, Laminate, Concrete
- Number of stories:
- 3
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $54,940.00
- Tax Year:
- 2025
- Parking Features:
- Covered, Ground Level, Free
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Inventory
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- PROGRESSO 2-18 D LOT 4,5 BLK 316
- Real Estate Folio Number (Parcel Number):
- 494234075390
- Zoning:
- RAC-UV
- Active on the market since:
- June 15, 2026
- Listing Agreement executed on:
- November 28, 2025
- Price change occurred on:
- August 3, 2026 11:02 pm
- Listing Status Last Changed On:
- June 15, 2026 5:15 am
- Photos updated on:
- August 3, 2026 10:06 pm
- Last Modified:
- August 3, 2026 10:06 pm
- Courtesy of:
- Lokation
- Attribution:
- Not provided
- Street Name:
- 4th
- Street Number:
- 637
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33304
- County:
- Broward
- Latitude:
- N26° 7' 52.6''
- Longitude:
- W81° 51' 35.5''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Broward County
Ver la propiedad 637 NE 4th Avenue, Fort Lauderdale, FL 33304
